Healthcare DIVE September 26, 2024
If the enhanced tax credits expire, healthcare costs for millions of Americans will suddenly increase, and some could become uninsured, Democrats say. But Republicans argue the subsidies are costly.
Dive Brief:
- Democrat lawmakers on the Hill introduced legislation on Wednesday that would make more generous federal subsidies for plans in the Affordable Care Act exchanges permanent.
- The Senate bill, released by Sens. Jeanne Shaheen, D-N.H. and Tammy Baldwin, D-Wisc., would avert a 2025 expiration date for the pandemic-era enhanced premium tax credits. Rep. Lauren Underwood, D-Ill., is introducing the same legislation in the House.
- Momentum has been growing among Democrats to keep the subsidies in place, with lawmakers noting they’ve helped needy Americans afford health insurance coverage. Republicans, however,...